Vance Barse, AIF®
Wealth Strategist


Vance’s Blog

Posts tagged Alternative Investments
Vance in InvestmentNews: Opening an IRA just for Alternative Investments

Vance Barse, wealth strategist at Manning Wealth Management, acknowledged the appeal of such a platform, but stressed the importance of due diligence and suitability.

"Some alternative investment strategies are quite sophisticated and may be too advanced for the common IRA investor to fully understand," he said. "From a planning standpoint, investors who allocate retirement assets to illiquid alternative investments should consider their required minimum distributions, because you will need to keep enough liquidity to satisfy the distribution requirements if the investors are getting close to 70.5 years old.”

"There's also some tax-advantaged potential of investing in alternatives in an IRA, but if you sell at a loss you can't use that for tax purposes because it's inside a qualified account," Mr. Barse added.

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